Sunday, 3 May 2015
Last updated 2 days ago
Feb 3 2011 | 1:24pm ET
Tennessee-based hedge fund Courage Capital Management has launch a short-biased hedge fund, following its launch last year of a long/short strategy.
The distressed specialist, which has $600 million in assets under management, launched its Short Opportunity Fund last month. The new vehicle is managed by Brad Weeks and James Hughes, who joined Courage last year from Ergates Capital Management.
Weeks and Hughes are also at the helm of the Long/Short Opportunity Fund, which debuted in November. The two U.S. stock funds currently manage $25 million in advance of their opening to worldwide investors during this quarter, HFMWeek reports.
Last year, Courage launched its Credit Opportunities Fund.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…